Continued Health Coverage definition

Continued Health Coverage means the benefit set forth in Section 2.2(b) below.
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Continued Health Coverage means the benefit set forth in Section 2.2(b) of the Plan.
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Continued Health Coverage means the benefit set forth in Section 2.2(a)(ii) of the Plan.
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Examples of Continued Health Coverage in a sentence

  • If, at any time prior to a Change in Control the employment of a Participant is terminated by the Employer without Cause (a “Non-Change in Control Termination”), then the Employer shall pay or provide the Participant with the Severance Payment, the Continued Health Coverage, the Pro-Rata Bonus and the Outplacement Services pursuant to the terms set forth herein.

  • The Executive’s consulting relationship under this Agreement shall terminate automatically upon his death, and, in such event,other than providing the Continued Health Coverage and paying all amounts that are accrued and owed to the Executive up to the date of the Executive’s death, the Company shall have no continuing obligations under this Agreement.

  • If, during the Change in Control Period, the employment of a Participant is terminated by the Employer without Cause or by the Participant for Good Reason (each, a “Qualifying Termination”), then, in addition to the Accrued Amounts, the Employer shall pay or provide the Participant with the Severance Payment, the Continued Health Coverage, the Equity Vesting, the Pro-Rata Bonus and the Outplacement Services pursuant to the terms set forth herein.

  • The Settlement Payment shall be in full settlement of the Company’s obligations under the Plan with respect to the Severance Payment, the Continued Health Coverage, the CIC Severance Payment and the CIC Health Payment.

  • As applicable, the Severance Payment, the Continued Health Coverage, the Pro Rata Bonus, the Equity Vesting and the Outplacement Services.

  • The guidelines set forth in this Policy are guidelines only, and appropriate judgment should be exercised in connection with any trade in MDC’s securities.

  • If the Executive’s consulting relationship with the Company is terminated by reason of Disability (as defined below), theCompany shall provide the Continued Health Coverage under Section 3.D, but the Company’s obligation to make the payments provided under Sections 3.A, 3.B and 3.C of this Agreement shall immediately terminate as of the date of such termination.

  • If the Executive’s consulting relationship with the Company is terminated by reason of Disability (as defined below), the Company shall provide the Continued Health Coverage under Section 3.D, but the Company’s obligation to make the payments provided under Sections 3.A, 3.B and 3.C of this Agreement shall immediately terminate as of the date of such termination.

  • If, at any time prior to a Change in Control the employment of a Participant is terminated by the Employer without Cause (a “Non-Change in Control Termination”), then the Employer shall pay or provide the Participant with the Severance Payment, the Continued Health Coverage, and the Pro-Rata Bonus pursuant to the terms set forth herein.

  • The Executive’s consulting relationship under this Agreement shall terminate automatically upon his death, and, in such event, other than providing the Continued Health Coverage and paying all amounts that are accrued and owed to the Executive up to the date of the Executive’s death, the Company shall have no continuing obligations under this Agreement.

Related to Continued Health Coverage

  • Health Coverage means that if Key Employee elects to continue coverage for himself or his eligible dependents under the Company’s group health plans pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), during the twelve-month period commencing on the date of Key Employee’s termination of employment from the Company (the “Severance Period”), then throughout the Severance Period the Company shall promptly reimburse Key Employee on a monthly basis for the difference between the amount Key Employee pays to effect and continue such coverage and the employee contribution amount that active senior employees pay for the same or similar coverage under Company’s group health plans. Further, if after the Severance Period Key Employee continues his COBRA coverage and Key Employee’s COBRA coverage terminates at any time during the eighteen-month period commencing on the day immediately following the last day of the Severance Period (the “Extended Coverage Period”), then the Company shall provide Key Employee (and his eligible dependents) with health benefits substantially similar to those provided under its group health plans for active employees for the remainder of the Extended Coverage Period at a cost to Key Employee that is no greater than the cost of COBRA coverage; provided, however, that the Company shall use its reasonable efforts so that such health benefits are provided to Key Employee under one or more insurance policies (or such other manner) so that reimbursement or payment of benefits to Key Employee thereunder shall not result in taxable income to Key Employee. Notwithstanding the preceding provisions of this paragraph, the Company’s obligation to reimburse Key Employee during the Severance Period and to provide health benefits to Key Employee during the Extended Coverage Period shall immediately end if and to the extent Key Employee becomes eligible to receive health plan coverage from a subsequent employer (with Key Employee being obligated hereunder to promptly report such eligibility to the Company).

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Lifetime health cover loading means the increased premiums payable by an insured person who does not take out an appropriate hospital cover prior to 1 July following their 31st birthday.

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • The Coverage Period means the Days of the Week and the hours of those Days during which maintenance, operational, and/ or technical support services (if any) must be available.

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.

  • Health means physical or mental health; and

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Accident and health insurance means contracts that incorporate morbidity risk and provide protection against economic loss resulting from accident, sickness, or medical conditions and as may be specified in the valuation manual.

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Dental means of or relating to the teeth and the work of a dentist.

  • CPP Covered Period shall be limited by, and interpreted in a manner consistent with, 31 C.F.R. § 30.11 (as in effect on the Closing Date). • Provisions (1) and (2) of this letter are intended to, and will be interpreted, administered and construed to, comply with Section 111 of EESA (and, to the maximum extent consistent with the preceding, to permit operation of the Benefit Plans in accordance with their terms before giving effect to this letter).

  • Continuation and “Continued” each refers to the continuation of a LIBOR Loan from one Interest Period to another Interest Period pursuant to Section 2.9.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Credit accident and health insurance means insurance on a debtor to provide

  • COBRA Coverage means continuation coverage required under Section 4980B of the Code and Part 6 of Title I of ERISA.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Extended benefit period means a period which:

  • Continuous period of creditable coverage means the period during which an individual was covered by creditable coverage, if during the period of the coverage the individual had no breaks in coverage greater than sixty-three (63) days.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • Continued Errors has the meaning specified in Section 2.2(c)(iii).

  • Workers’ Compensation As required by any applicable law or regulation. Employer's Liability Insurance: must be provided in amounts not less than listed below: Minimum limits: $500,000 each accident for bodily injury by accident $500,000 policy limit for bodily injury by disease $500,000 each employee for bodily injury by disease